SQS India BFSI standalone net profit declines 52.08% in the March 2017 quarter

Sales decline 20.36% to Rs 57.50 crore

Net profit of SQS India BFSI declined 52.08% to Rs 4.60 crore in the quarter ended March 2017 as against Rs 9.60 crore during the previous quarter ended March 2016. Sales declined 20.36% to Rs 57.50 crore in the quarter ended March 2017 as against Rs 72.20 crore during the previous quarter ended March 2016.

For the full year,net profit declined 32.29% to Rs 21.60 crore in the year ended March 2017 as against Rs 31.90 crore during the previous year ended March 2016. Sales declined 1.63% to Rs 259.90 crore in the year ended March 2017 as against Rs 264.20 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales57.5072.20 -20 259.90264.20 -2 OPM %13.9121.19 -14.7418.55 - PBDT8.1015.40 -47 38.8053.90 -28 PBT6.7014.60 -54 33.6049.90 -33 NP4.609.60 -52 21.6031.90 -32

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